LFEX European Aquaculture Snapshot to 17th February, 2022

John Ersser - The London Fish Exchange

Published: 18th February 2022

This Article was Written by: John Ersser


Another huge jump this week in the market. The LFEX Norwegian Exporters index was up 9.57%, +8.13 NOK at 93.04 NOK FCA Oslo Week 7 ending Thursday vs previous Thursday price.

The NOK was +0.4% weaker to the Euro +0.04 at 10.13 NOK over the period Thursday to Thursday and the Fish Pool future February also climbed +6.25 to 81.25 NOK, +8.33% better over the same period.

Despite a huge jump in week 6, prices opened at 94.97 for week 7, up 11.81% from the previous week close, and then carried on, to peak at 95.92 on Monday, the 9 Euro level easily surpassed. Pricing trickled down 2.88 NOK by week-end Thursday. Same story as last week with lack of export quality fish available for sale, poor weather and buyers chasing fish continue to drive pricing. Buyers holding back a little at the end of the week, expectations are still high for next week.

  Market Data (Click Each to Expand)

LFEX Prices

FX Rates

LFEX Indicative Exporter Prices (4 Week)

EUR / NOK FX Rate (4 Week)

Prices Ending 17th February, 2022

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